# PANW funding rate history — settled payments by exchange

Source: https://orbitperpscreener.com/markets/asset/PANW/funding · window: last 30 days · generated 2026-10-01T05:46 UTC

What PANW (Palo Alto Networks) actually paid over the last 30 days: 2,248 settlements across 11 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. Crypto.com paid the most over the window at +4.2716% of position size.

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 40% of the 2,248 settlements recorded here, meaning longs paid shorts that often.

Over the window, settled totals ranged from +4.2716% on Crypto.com to -0.2439% on WEEX — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.

| Exchange | Settlements | Total paid | Average APR | Largest | Smallest | Last settled |
|---|---:|---:|---:|---:|---:|---|
| Crypto.com | 719 | +4.2716% | +52.08% | +0.0574% | -0.0103% | 2026-10-01 04:00 UTC |
| Hotcoin | 90 | +0.9818% | +11.95% | +0.1989% | -0.0237% | 2026-10-01 00:03 UTC |
| HTX | 90 | +0.9000% | +10.96% | +0.0100% | +0.0100% | 2026-10-01 00:00 UTC |
| MEXC | 90 | +0.3944% | +4.80% | +0.1988% | +0.0000% | 2026-10-01 00:00 UTC |
| Bitunix | 90 | +0.3722% | +4.53% | +0.1952% | -0.0048% | 2026-10-01 00:00 UTC |
| Gate.io | 90 | +0.1119% | +1.36% | +0.0680% | -0.0239% | 2026-10-01 00:00 UTC |
| QFEX | 719 | +0.0456% | +0.56% | +0.0090% | -0.0190% | 2026-10-01 04:00 UTC |
| Bybit | 90 | +0.0270% | +0.33% | +0.0270% | +0.0000% | 2026-10-01 00:00 UTC |
| Toobit | 90 | +0.0067% | +0.08% | +0.0067% | +0.0000% | 2026-10-01 00:00 UTC |
| Bitget | 90 | +0.0067% | +0.08% | +0.0067% | +0.0000% | 2026-10-01 00:00 UTC |
| WEEX | 90 | -0.2439% | -2.97% | +0.2042% | -0.0110% | 2026-10-01 00:00 UTC |

## FAQ

### Is the PANW funding rate a live quote or an actual payment?

A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 40% of the 2,248 settlements recorded here.

### Which exchange has paid the most settled PANW funding recently?

Crypto.com paid the most over the last 30 days at +4.2716% of position size across 719 settlements, an average annualized rate of +52.08%. This is a sum of actual payments, not a forecast.

### How often is PANW funding actually paid?

Over the last 30 days, ORBIT recorded 2,248 funding settlements for PANW across 11 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.

### What is the widest settled PANW funding spread between venues?

Over the last 30 days, settled totals ranged from +4.2716% on Crypto.com to -0.2439% on WEEX. That gap is what a position holding both legs — long on the venue that paid least, short on the one that paid most — would have collected before fees and slippage. Check the current spread on the live screener, since settled history describes the past, not the next payment.

Live rates: https://orbitperpscreener.com/markets/asset/PANW · Screener: https://orbitperpscreener.com/screener